Search Results for: hsbc

By William K. Black Quito: April 19, 2015 I have been researching the HSBC frauds for a column I am doing about Loretta Lynch, the U.S. Attorney who refused to prosecute HSBC or any of its officers for the largest and … Continue reading →

By William K. Black Quito: April Fools’ Day 2015 HSBC got a sweetheart deal from the Obama administration. It laundered vast amounts of money for Mexico’s murderous Sinaloa cartel, helped bust sanctions for terrorists and mass murderers, and did not cooperate … Continue reading →

By William K. Black Quito, Ecuador: January 23, 2015 Greetings from Quito, where I will be spending four months teaching at IAEN about effective regulation and building ties with UMKC. The latest twists on the latest HSBC tax evasion and tax … Continue reading →

By William K. Black Standard Chartered and HSBC’s leaders must be doubly humiliated by the description by Mythili Raman, the acting head of the U.S. Department of Justice’s (DOJ) Criminal Division, of Liberty Reserve’s money laundering operation. UK laws are, … Continue reading →

By William K. Black (Cross posted at Benzinga.com) I have explained in prior columns that HSBC is not only a criminal enterprise, but also a recidivist of epic proportions. The U.S. and the U.K. have refused to prosecute not only … Continue reading →

By William K. Black Why is HSBC still in operation? On the same day (December 10, 2012) that the Obama administration leaked the story of the HSBC settlement a story ran in the New York Times that was full of … Continue reading →

By William K. Black Quito: March 24, 2015 In this second column about Richard M. Bowen, III, I discuss the failure of the Department of Justice (DOJ) and the Securities and Exchange Commission (SEC) to make use of his expertise and … Continue reading →

By William K. Black Quito: March 20, 2015 This is the first of three columns prompted by Richard Bowen’s interview this morning on Bloomberg. Richard Bowen, a Citi SVP, blew the whistle within Citi on Citi’s massive fraudulent sales of fraudulently … Continue reading →